The introduction of this class covered information related to IT Security and the threats that exist at various levels. You read some articles related to IT controls and Sarbanes-Oxley,
but really why is this crazy professor Hornik teaching a class on IT security to a bunch of accountants who just want to pass their CPA exams? Post your answer to this question as a discussion here, you could of course begin buttering up Dr. Hornik with your answer but it would be better to find some article (short), website/blog/etc. (short), prediction(s), statistic(s) that supports the notion this is material you really should know something about (think of it as therapy for Dr. Hornik so he doesn't feel so crazy). If it's an online resource make sure to include the link with your response.